2022 AFN to ETB Historical Review

YEARLY HIGH

0.6212 ETB

YEARLY LOW

0.4696 ETB

YEARLY AVERAGE

0.5788 ETB

2022 AFN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.6212. Conversely, the yearly low was recorded on January 7, dropping to 0.4696.

This high-to-low spread represents a total annual volatility of 0.1516 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4744 to the December average rate of 0.6122, the exchange rate registered a net change of 29.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6212 was down 71.49% compared to the 2021 peak of 2.1792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 3,106 ETB

2021 Average 2,657 ETB

Yearly Trough Low 2,348 ETB

Transaction Impact: A difference of 757.77 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6260

0.4606

JanuMarcMayJulySeptNove

AFN to ETB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5583, compared to 0.5993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0410 points.

H1 Avg (Jan–Jun) 0.5583

H2 Avg (Jul–Dec) 0.5993

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0567 ETB (High: 0.5561 / Low: 0.4994). On the other end, November was the most stable month, with a tight range of 0.0108 ETB (High: 0.6096 / Low: 0.5988).

February Spread (Volatile) ±0.0567

November Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.6122) against the same month in 2021 (average: 0.5333), the exchange rate shifted by +0.0789 (+14.79%).

2022 Avg (December) 0.6122

2021 Avg (December) 0.5333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4874	0.4696	0.4744
February	0.5561	0.4994	0.5417
March	0.5910	0.5576	0.5766
April	0.6040	0.5777	0.5876
May	0.6030	0.5691	0.5861
June	0.5941	0.5790	0.5837
July	0.5954	0.5794	0.5893
August	0.5980	0.5737	0.5878
September	0.6064	0.5862	0.5949
October	0.6192	0.5944	0.6073
November	0.6096	0.5988	0.6045
December	0.6212	0.6035	0.6122